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Framingham 01701
367 Elm Street
Photo of 367 Elm Street
Sold on Jun 13, 2025

42

Map

Photo of 367 Elm Street
Photo of 367 Elm Street
$550,000
● House - Off Market

367 Elm Street

Framingham, MA 01701
bedrooms
7 Beds
bathrooms
2 Baths
square feet
2,971 Ft²
$3,005
Est. Monthly
31.09%
Cap Rate

About This Property

Wonderful potential in this huge, bright 11 rm, 7 brm, 2 full bath Colonial w/front Farmers porch in wonderful location! High ceilings throughout! Large bright Living rm w/wood floor opens to formal dining rm w/wood floor! Huge eat in kitchen w/newer flooring & Bay window! Lg 1st floor bedroom or office! 2nd floor has 3 or 4 bedrooms! Primary bedroom has full bath & walk in closet! Finished 3rd floor w/3 additional bedrooms! Convenient 1st floor laundry rm! Large back mudroom w/2nd staircase to 2nd floor! Wonderful location, close to all major routes & shopping & walk to all schools and close to the Sudbury line for more great shopping & restaurants! Roof, windows & 200 amp electric all in 2008, New Gas heat in 2023 & new gas hot water heater in December 2024! Great home with so much potential on level half acre lot!
Unit Size
2,971 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$168
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1887

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MLSPIN #73347743)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
Mar 25, 2025 In contract -
In contract
Mar 19, 2025 Listed $499,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1887
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,106
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 2,971
  • Gross Building Area: 4,728
  • Building Area: 2,971
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,971
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383800

Zoning

  • Zoning: R-3

Geography

  • Account Number: F_682716_2948114
  • Parcel: FRAM M:019 B:28 L:7111 U:000
  • Block: 28
  • Lot: 7111
  • Municipality: FRAMINGHAM
  • Latitude: 42.3378
  • Longitude: -71.402

    Address

  • Full Address: 367 Elm St
  • Address - House Number: 367
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C044
  • 4-Digit Zip Code: 3304
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $628,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 1,124,907
  • High Value: 1,389,068
  • Low Value: 860,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $504,200
  • Assessed Land Value: $242,100
  • Assessed Improvements Value: $262,100
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Framingham

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2069 ft²

Average Home Age

62.9 years

Currently For Sale

138 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73347743

Frequently Asked Questions

When was property at 367 Elm Street built and last sold?
The property at 367 Elm Street was built in 1887 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 367 Elm Street is $504,899.
What are some comparable homes to 367 Elm Street?
There are currently no comparable homes to 367 Elm Street.
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